Safehold (SAFE) Projected to Post Earnings on Tuesday

Safehold (NYSE:SAFE - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $95.55 million for the quarter.

Safehold (NYSE:SAFE - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.36 EPS for the quarter, meeting the consensus estimate of $0.36. Safehold had a net margin of 28.92% and a return on equity of 4.76%. During the same quarter in the prior year, the business earned $0.36 earnings per share. On average, analysts expect Safehold to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Safehold Trading Up 3.1 %

Shares of NYSE SAFE traded up $0.49 during trading hours on Friday, hitting $16.18. The company's stock had a trading volume of 307,375 shares, compared to its average volume of 398,037. Safehold has a 12 month low of $13.68 and a 12 month high of $28.80. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 10.93 and a beta of 1.86. The company has a debt-to-equity ratio of 1.82, a quick ratio of 36.59 and a current ratio of 36.59. The business has a 50-day simple moving average of $17.10 and a 200-day simple moving average of $18.50.

Safehold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a $0.177 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.71 dividend on an annualized basis and a dividend yield of 4.38%. Safehold's dividend payout ratio is currently 47.30%.

Wall Street Analysts Forecast Growth

SAFE has been the topic of several recent analyst reports. Morgan Stanley cut their price target on shares of Safehold from $19.00 to $17.00 and set an "equal weight" rating on the stock in a report on Tuesday. The Goldman Sachs Group reduced their price target on shares of Safehold from $29.00 to $24.00 and set a "buy" rating on the stock in a research report on Tuesday, January 7th. JMP Securities restated a "market outperform" rating and issued a $35.00 price objective on shares of Safehold in a report on Thursday, February 6th. Wedbush reiterated a "neutral" rating and set a $20.00 target price on shares of Safehold in a report on Monday, March 31st. Finally, Mizuho lowered their target price on Safehold from $25.00 to $19.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $25.25.

About Safehold

Safehold Inc NYSE: SAFE is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Having created the modern ground lease industry in 2017, Safehold continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk.